Longxin Semiconductor Raises 29.5 Billion Yuan in IPO, 6,760 Employees Receive Stock Grants on July 9

According to Odaily, Longxin Semiconductor disclosed its Shanghai Stock Exchange IPO prospectus on July 9, revealing that 6,760 employees had received stock grants across two phases of an employee shareholding plan, covering 35% of the company's 19,298 workforce. The IPO aims to raise 29.5 billion yuan by issuing 6.688 billion shares, marking the largest A-share IPO since 2026 began.
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